Pilgrim's Pride files for Chapter 11
Pilgrim's Pride Corp., the nation's largest
chicken producer, filed for Chapter 11 bankruptcy protection on Monday, Dec. 1,
reported the Associated Press. The Pittsburg, Texas-based company has
experienced debt over the last year according to analysts, many of whom
predicted the filing.
Ray Atkinson, director of corporate communications, said the company will keep operating throughout the reorganization process, according to a Chicago Tribune report.
Ray Atkinson, director of corporate communications, said the company will keep operating throughout the reorganization process, according to a Chicago Tribune report.
Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!
